CAC40 scratching on upper TRL of possible bull flag

FX:FRA40   CAC 40 index of French listed shares
21 0 3
Hey crew,

I am not actively trading CAC40 but I do like the harmonic pattern I see and also the confluences with the AB=CD patterns and also the Trend Resistance levels. It might be possible that CAC40 will rallye these days to north. Once this happens we might see a strong sell off zone (orange box) due to the confluences described.

Summarizing: Short term bullish , middle term bearish

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